Obama Insured Against Crocodile Attack

As President Obama grapples with a complex series of geopolitical issues during his state visit to Australia, he can take solace in the knowledge that his family will be provided for if he is attacked by a man-eating crocodile.

Australian insurer TIO has issued a policy that will payout Aus $50,000 should he suffer a fatal attack by a crocodile. TIO CEO Richard Harding said the policy is a standard insurance product offered by the company, which services Australia’s crocodile-rich Northern Territory.

“TIO has been supplying Territorians with cover against crocodile attacks for over 23 years,” Harding said. “It’s a unique product for a unique environment and we’re excited to be issuing one of these policies for Obama as a memento of his time in the Territory.”

TIO has had the policy framed and it will be presented to the world leader during his brief visit to Darwin on Thursday.